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Exports: Indian supplies to Australia will be 100% tariff free by 2026

Fiinews by Fiinews
November 4, 2023
in Exports
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Australia risks becoming a nuclear power pariah, says Dutton

Indian exports to Australia will be 100% tariff free from the beginning of 2026, while economic cooperation and trade agreement are creating new ventures between the two countries’ industries and businesses.

This was highlighted during a wide-ranging discourse on India-Australia relations by Peter Dutton MP, Federal Member for Dickson and Leader of the Liberal Party, in New Delhi on 3 Nov 2023.

Another area where there is enormous potential for future mutual economic benefit is in energy security, according to a release following the meeting.

“India is, of course, a nuclear power nation with some 22 reactors in operation. Australia at this point in time is not a nuclear power nation. If we don’t lift our moratorium to accommodate these new nuclear technologies, Australia risks becoming a nuclear power pariah,” he said.

Dutton elaborated that the nuclear power is the only feasible and proven technology which can firm up renewables at the scale that is needed.

“We are exceptionally well positioned to unleash uranium export potential and support India’s growing demand. Today, there are 780,000 Australians with Indian ancestry.” Fiinews.com

Tags: India-Australia
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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